Gold prices in India staged a strong rally in the second half of January, breaking out of consolidation and surging to a record high of ₹17,885 per gram on January 29. The sharp advance was followed by swift profit-taking, with prices retreating significantly in the sessions that followed.

In early February, the market entered a volatile consolidation phase. The 24K benchmark held around ₹15,660 on February 7 and 8, climbed to ₹15,884 on February 9, slipped to ₹15,791 on February 10, and edged higher to ₹15,851 on February 11 across most major cities. The recent price action suggests continued choppiness, with gold attempting to stabilise after the sharp correction from its January peak.

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Gold Prices Today in India February 11, 2026

As of 11:40 AM on February 11, gold rate today across major Indian cities declines compared to the previous session. Below are the latest per-gram prices for 24K, 22K, and 18K gold across key regions:

• Gold Price Today in Mumbai: 24K at ₹15,851, 22K at ₹14,530, 18K at ₹11,889.
• Gold Price Today in Chennai: 24K at ₹15,928, 22K at ₹14,600, 18K at ₹12,540.
• Gold Price Today in Bangalore:24K at ₹15,851, 22K at ₹14,530, 18K at ₹11,889.
• Gold Price Today in Hyderabad: 24K at ₹15,851, 22K at ₹14,530, 18K at ₹11,889.
• Gold Price Today in Kerala: 24K at ₹15,851, 22K at ₹14,530, 18K at ₹11,889.
• Gold Price Today in Delhi: 24K at ₹15,866, 22K at ₹14,545, 18K at ₹11,904.

Recent Gold Price Movements in India

Here’s a snapshot of how gold prices have moved over the past few days:

• February 11th: 24K at ₹15,851, 22K at ₹14,530, 18K at ₹11,889.
• February 10th: 24K at ₹15,791, 22K at ₹14,475, 18K at ₹11,844.
• February 9th: 24K at ₹15,884, 22K at ₹14,560, 18K at ₹11,913.
• February 8th: 24K at ₹15,660, 22K at ₹14,355, 18K at ₹11,745.
• February 7th: 24K at ₹15,660, 22K at ₹13,355, 18K at ₹11,426.

Gold prices in India remain volatile after hitting record highs in late January. The 24K rate, which peaked at ₹17,885 on January 29, fell to around ₹15,235 by February 6, rebounded to ₹15,884 on February 9, slipped to ₹15,791 on February 10, and edged up to ₹15,851 on February 11. Similarly, 22K gold recovered from early-February lows to ₹14,560 on February 9, eased to ₹14,475 on February 10, and rose to ₹14,530 on February 11. 18K gold followed the same trend, climbing to ₹11,913 on February 9, dipping to ₹11,844, and ticking up to ₹11,889. Overall, prices are stabilising but remain choppy after the sharp correction from January highs.

Gold Market Outlook

Gold prices in India remain volatile after the late-January peak. The 24K benchmark, which had surged to ₹17,885 on January 29, fell sharply to around ₹15,235 by February 6. Prices then stabilised at ₹15,660 on February 7 and 8, rebounded to ₹15,884 on February 9, dipped to ₹15,791 on February 10, and edged higher again to ₹15,851 on February 11, signalling choppy consolidation rather than a sustained recovery.

Lower purities followed a similar trajectory. 22K gold recovered from early-February lows to ₹14,560 on February 9, eased to ₹14,475 on February 10, and rose to ₹14,530 on February 11. Meanwhile, 18K gold climbed to ₹11,913 on February 9, slipped to ₹11,844 on February 10, and ticked up to ₹11,889 on February 11. Overall, the price action reflects ongoing volatility and selective buying at lower levels after the sharp correction from January highs.

Conclusion

As of February 11, gold prices across major cities are trading around ₹15,851 per gram for 24K, about ₹14,530 for 22K, and roughly ₹11,889 for 18K, with Chennai quoting a premium at ₹15,928 for 24K gold. While prices have stabilised after the early-February decline, the pullback from record highs continues to keep sentiment cautious. Intermittent rebounds have yet to signal a decisive trend reversal, leaving the near-term outlook range-bound but sensitive to global and currency cues.